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Colt1911 [192]
3 years ago
8

For a particular Rocky Airlines flight, the plane has 250 seats, 220 tickets have been sold for an average price of $140, the fi

xed costs per flight are $20,000, and the variable costs per passenger are $40. What is the contribution margin per passenger?
Business
1 answer:
Amiraneli [1.4K]3 years ago
3 0

Answer:

$100

Explanation:

Data provided in the question:

Total number of seats in a flight = 250

Number of tickets sold = 220

Average selling price of the tickets = $140

Fixed cost per flight = $20,000

Variable costs per passenger = $40

Now,

The contribution margin per passenger is calculated as:

⇒ Ticket Selling price per passenger - Variable cost per passenger

Thus,

Contribution margin per passenger = $140 - $40

= $100

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Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4000 client-visits, but i
Andrew [12]

Answer:

$832 U

Explanation:

Flexible budget =       $30,628  ($1,900 + $7.20  3,990)

Actual results =           <u>$31,460</u>

Spending variance = <u>$832</u>

Actual expense > Flexible budget, the variance is unfavorable (U)

3 0
3 years ago
The question "What will I have to give up?" relates to
lbvjy [14]

Answer:

a. "What will I have to give up?" relates to the immediate cost.

b. "What will I gain in return?" relates to the future benefit.

c. The amount of money a worker might make on a job in a year is a salary.

d. The potential earnings of becoming a doctor minus the cost of going to medical school is the​ accounting profit.

Explanation:

A career is a professional employment path usually long-term. In choosing a career, different aspects should be considered. The most important aspect is usually the economic aspect of the career. For example; one should consider a career path that will be financially beneficial in long run. To do this, one has to do adequate research on various careers to determine one that they can afford without defaulting on a loan. This means that one has to consider costs such as; school fees, accommodation costs in terms of rent, transportation costs and food at the very basic level. It is very crucial for one to pick a career whose cost they can afford.                                                    

The immediate cost usually answers the fundamental question "What will i have to give up?"Once one is comfortable with the amount that they are willing to spend for the career path, they can move to the next question. The question "What will I gain in return?" alludes to the future benefit of this endeavor. The career path should be in such a way that the benefit should significantly exceed the immediate cost. The benefits are always in terms of allowances, medical cover and of cause the salary.

The potential earnings that one might get from taking up a given career minus the cost of education and training for that particular career can be defined as the accounting profit. A beneficial career is one where the accounting profit is positive.

8 0
4 years ago
Marcia Baker ships orchids and other perishable flowers from her greenhouses near San Francisco to florists thousands of miles a
liberstina [14]

Answer:

air

Explanation:

San Francisco is located on the SouthWest corner of the United States, while other states such as New York, Boston, adn Philadelphia are located on the NorthEast corner of the United States. This means that the ships are not an option since they would have to go all the way around and would be the longest option. Therefore, the best and fastest option would be through air. Since both railroads and trucks are viable but would take much longer than sending the flowers through air.

8 0
3 years ago
Outsourcing: Question 19 options: Transfers traditional internal activities to outside vendors. Utilizes the efficiency which co
gavmur [86]

Answer:

Transfers traditional internal activities to outside vendors.

Utilizes the efficiency which comes with generalization

Explanation:

Outsourcing can be regarded as a business practice which involves hiring a party from outside of the company so that the party can perform particular services as well as creation of goods which traditionally are been performed in-house by the employees and staff of the own company.Outsourcing helps in cost-cutting measure

It should be noted that Outsourcing ;

✓Transfers traditional internal activities to outside vendors.

✓Utilizes the efficiency which comes with generalization.

6 0
3 years ago
The country of Baurisia has, until now, been self-sufficient in both grain and meat. However, with growing prosperity in Baurisi
meriva

Answer:

D) It is more economical for Baurisians to import meat than grain.

Explanation:

The argument states that meat consumption in Baurisia is steadily increasing while domestic production is not.

There are two alternatives:

  1. import more grains to feed more animals and produce more meat (the argument favors this option),
  2. or simply import more meat.

But if importing meat is cheaper than importing grains, then there is no need to import more grains in order to feed animals and later get meat from them, you just simply and directly import meat.

4 0
3 years ago
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